Carnival (CCL) Enterprise Value (2009 - 2026)
Carnival's (CCL) quarterly Enterprise Value came in at $36.2 billion in Q2 2026, up 45.05% on a YoY basis from $25.0 billion in Q2 2025, and down 3.92% quarter-over-quarter from $37.7 billion in Q1 2026.
Analysis
Carnival (CCL) Enterprise Value (2009 - 2026) Analysis & Trends
Carnival (CCL) has reported Enterprise Value for 18 consecutive years, with $36.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Enterprise Value rose 45.05% year-over-year to $36.2 billion; the trailing twelve-month figure through May 2026 stood at $36.2 billion (up 45.05% YoY), and the FY2025 full-year result was $30.0 billion, up 5.54% from the prior year.
- Enterprise Value fell to $36.2 billion in Q2 2026 per CCL's latest filing, from $37.7 billion in the prior quarter.
- Across five years, Enterprise Value topped out at $37.7 billion in Q1 2026 and bottomed at $3.5 billion in Q3 2022.
- Historically, Enterprise Value has averaged $18.9 billion across 5 years, with a median of $15.4 billion in 2024.
- The sharpest annual moves came in 2022 and 2023: Enterprise Value slumped 78.25% in 2022, then soared 329.78% in 2023.
- Over 5 years, Enterprise Value stood at $5.0 billion in 2022, then jumped by 186.37% to $14.4 billion in 2023, then surged by 96.74% to $28.4 billion in 2024, then rose by 5.54% to $30.0 billion in 2025, then grew by 20.81% to $36.2 billion in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered $36.2 billion, $37.7 billion, and $30.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 36.21 Bn |
| Feb 28, 2026 | 37.68 Bn |
| Nov 30, 2025 | 29.97 Bn |
| Aug 31, 2025 | 35.47 Bn |
| May 31, 2025 | 24.96 Bn |
| Feb 28, 2025 | 27.08 Bn |
| Nov 30, 2024 | 28.40 Bn |
| Aug 31, 2024 | 17.52 Bn |
| May 31, 2024 | 15.28 Bn |
| Feb 29, 2024 | 15.56 Bn |
| Nov 30, 2023 | 14.43 Bn |
| Aug 31, 2023 | 14.85 Bn |
| May 31, 2023 | 8.08 Bn |
| Feb 28, 2023 | 6.38 Bn |
| Nov 30, 2022 | 5.04 Bn |
| Aug 31, 2022 | 3.46 Bn |
| May 31, 2022 | 6.60 Bn |
| Feb 28, 2022 | 13.19 Bn |
| Nov 30, 2021 | 8.24 Bn |
| Aug 31, 2021 | 15.88 Bn |